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James Foster was born on 4 November, 1955 in United States, is an American economist. Discover James Foster's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 68 years old?

Popular As N/A
Occupation N/A
Age 68 years old
Zodiac Sign Scorpio
Born 4 November, 1955
Birthday 4 November
Birthplace N/A
Nationality United States

We recommend you to check the complete list of Famous People born on 4 November. He is a member of famous economist with the age 68 years old group.

James Foster Height, Weight & Measurements

At 68 years old, James Foster height not available right now. We will update James Foster's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Who Is James Foster's Wife?

His wife is Irene Foster

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Wife Irene Foster
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James Foster Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is James Foster worth at the age of 68 years old? James Foster’s income source is mostly from being a successful economist. He is from United States. We have estimated James Foster's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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1955

James Eric Foster (born November 4, 1955) is Professor of Economics and International Affairs at the George Washington University, in the Elliott School of International Affairs, researching welfare economics and poverty measurement.

He is known for developing the Alkire Foster Method, with University of Oxford professor and OPHI Director Sabina Alkire.

He is a board member for the World Bank.

He received his Ph.D. in Economics from Cornell University where he received the Selma Fine Goldsmith Award for his dissertation.

He has also taught at the Krannert School of Management at Purdue University, along with Vanderbilt University.

James Foster and Sabina Alkire developed the Alkire Foster Method for Multidimensional Poverty Measurement, a measurement that allows for a more holistic approach to identifying poverty globally, taking into account dimensions like health or education, in a departure from traditional income methods.

Today, dozens of countries have adopted the method in their approach to poverty alleviation and the index is famously used in Bhutan's Gross National Happiness Index.

1984

His 1984 Econometrica paper, written jointly with Joel Greer and Erik Thorbecke, is one of the most highly cited papers on poverty.

The paper established the Foster-Greer-Thornbecke Index, which has expanded into a family of poverty metrics.

2010

The paper was revisited in 2010 by Foster, Greer, and Thornbecke.

Throughout his career, he also collaborated with Amartya Sen on economic inequality and Kaushik Basu on literacy.

Foster is also an affiliate faculty member of the Institute for International Economic Policy, previously serving as Director.

He is additionally a Research Fellow at the Oxford Poverty and Human Development Initiative and an advisory board member of the World Bank Commission on Global Poverty.

He has been a visiting professor at the London School of Economics, Cornell, Essex, Oxford, Harvard, and the University of the Americas in Puebla, Mexico.

He received the Unilever Fellowship and the Robert Wood Johnson Investigator Award in Health Policy, and holds a Doctorate Honoris Causa from Universidad Autónoma del Estado de Hidalgo (Mexico).

James Foster is married to fellow economist Irene R. Foster.

She also is a professor at the George Washington University.

2015

In August 2015, multidimensional poverty was written into the United Nations Agenda for its Sustainable Development Goals, which was ratified in September of the same year.